Welcome to football.london 's Arsenal live blog, where we'll bring you the latest Gunners news doing the rounds.

Unai Emery's side saw their long unbeaten run come a shuddering halt with a 3-2 loss against Southampton, and have been drawn against BATE Borisov in the Europa League round of 16.

The Gunners suffered from a Christmas hangover with a 1-1 draw away to Brighton, and were then thrashed 5-1 by Liverpool at Anfield on a disappointing evening for the Gunners, but bounced back with a 4-1 victory against Fulham.

Off the field, majority shareholder Stan Kroenke has taken full control of the club, buying Alisher Usmanov’s 30% stake of the club.

Ivan Gazidis has now departed for AC Milan and the Gunners have announced his replacements in the form of Raul Sanllehi and Vinai Venkatesham, while Aaron Ramsey seems set to follow Gazidis through the door with the midfielder out of contract at the end of the season.

We'll have all the build up to the midweek action, as well as all the latest transfer gossip from north London throughout the day.

We want you to get involved too - tell us your thoughts on what's happening at Arsenal by tweeting us at @ArsenalFC_FL.

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Fans' reaction to Fabregas rumours

Cesc Fabregas ahead of Chelsea's game against MOL Vidi in the Europa League (Image: Laszlo Szirtesi/Getty Images)

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Ozil's agent: Mesut's future is with Arsenal

Mesut Ozil’s agent has rubbished rumours linking the German star with a move away from Arsenal, saying his future is with the Gunners.

The 30-year-old is the club’s highest-earning player, but has lost his place in the team due to “tactical reasons”, followed by injury problems.

But Ozil’s agent - Dr. Erkut Sogut - has told Goal that he will not be leaving the Emirates Stadium.

I would prefer not to speak publicly about Mesut’s situation, but given the recent speculation linking him with a move away from Arsenal, I do feel it is important to provide some clarity so we can end this and focus on football.

Mesut signed a new contract last January because he saw his future at Arsenal and nothing has changed in his mind. He want to stay for the duration of that contract and maybe even longer.

Mesut is 100 per cent committed to Arsenal Football Club. He loves the club, shares its values and does not want to be anywhere else.

He is proud to wear the shirt and honoured to represent Arsenal on and off the pitch. He takes his responsibilities - including being selected as one of the captains this season - very seriously, and has a great relationship with his team-mates, the staff and fans.

Wonderkid 'confirms' Arsenal transfer

Ozil 'categorically' rules out January move

Arsenal midfielder Mesut Ozil has “categorically” ruled out a January loan move, and is intent on winning back a starting role at the Emirates Stadium.

According to ESPN, the Gunners playmaker is confident he can regain Unai Emery’s trust despite being dropped for “tactical reasons” before missing games through injury.

This led to speculation that he could be leaving the club in January despite becoming the club’s highest-paid player less than a year ago, but sources close to the player say he is determined to claim a starting role in the team.

No 'significant funds' for Arsenal transfers in January

Further to that news about Aaron Ramsey, the BBC are reporting that the Gunners are unlikely to make any major signings in the January window, due to a lack of significant funds to spend.

The Gunners are unlikely to allow large departures either, so any transfer expenditure will reportedly come from a “modest” budget, with Denis Suarez still under consideration - though that budget will reportedly increase substantially in the summer.